Civic Intelligence

Sable Points Lighthouse Keepers Association

990 • Fiscal year 2021 • EIN 38-3248067

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 29, 2022

PO Box 673Ludington, MI 49431

(231) 845-7417

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

55th percentile

0.04x

Higher debt load relative to revenue than 55% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

79th percentile

37%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$55,000

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

78th percentile

37%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

172%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$973,796

Up $260,695 (+37%) from 2020

Net Assets

Up

$944,926

Up $258,650 (+38%) from 2020

Liabilities

Up

$28,870

Up $2,045 (+7.6%) from 2020

Revenue

Up

$644,910

Up $408,124 (+172%) from 2020

Expenses

Up

$405,665

Up $51,109 (+14%) from 2020

Net Income

Up

$239,245

Up $357,015 (+303%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2010: $342,858Liabilities 2010: $1,725Net Assets 2010: $341,1332010Assets 2011: $340,629Liabilities 2011: $1,851Net Assets 2011: $338,7782011Assets 2012: $593,753Liabilities 2012: $155,426Net Assets 2012: $438,3272012Assets 2013: $505,536Liabilities 2013: $11,008Net Assets 2013: $494,5282013Assets 2014: $510,803Liabilities 2014: $13,643Net Assets 2014: $497,1602014Assets 2015: $588,076Liabilities 2015: $21,016Net Assets 2015: $567,0602015Assets 2016: $648,751Liabilities 2016: $25,291Net Assets 2016: $623,4602016Assets 2017: $707,109Liabilities 2017: $23,624Net Assets 2017: $683,4852017Assets 2018: $753,292Liabilities 2018: $25,985Net Assets 2018: $727,3072018Assets 2019: $816,698Liabilities 2019: $23,228Net Assets 2019: $793,4702019Assets 2020: $713,101Liabilities 2020: $26,825Net Assets 2020: $686,2762020Assets 2021: $973,796Liabilities 2021: $28,870Net Assets 2021: $944,9262021Assets 2022: $915,592Liabilities 2022: $34,260Net Assets 2022: $881,3322022Assets 2023: $863,878Liabilities 2023: $32,692Net Assets 2023: $831,1862023Assets 2024: $938,041Liabilities 2024: $16,140Net Assets 2024: $921,9012024

Highlighted filing

2021

Assets$973,796
Liabilities$28,870
Net Assets$944,926

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $318,6302010Expenses 2011: $212,1942011Revenue 2012: $304,719Expenses 2012: $205,170Net Income 2012: $99,5492012Revenue 2013: $305,072Expenses 2013: $244,583Net Income 2013: $60,4892013Revenue 2014: $354,729Expenses 2014: $319,200Net Income 2014: $35,5292014Revenue 2015: $386,155Expenses 2015: $316,255Net Income 2015: $69,9002015Revenue 2016: $408,548Expenses 2016: $352,148Net Income 2016: $56,4002016Revenue 2017: $461,426Expenses 2017: $401,401Net Income 2017: $60,0252017Revenue 2018: $458,801Expenses 2018: $414,979Net Income 2018: $43,8222018Revenue 2019: $482,754Expenses 2019: $416,591Net Income 2019: $66,1632019Revenue 2020: $236,786Expenses 2020: $354,556Net Income 2020: -$117,7702020Revenue 2021: $644,910Expenses 2021: $405,665Net Income 2021: $239,2452021Revenue 2022: $479,114Expenses 2022: $518,072Net Income 2022: -$38,9582022Revenue 2023: $518,848Expenses 2023: $568,994Net Income 2023: -$50,1462023Revenue 2024: $630,556Expenses 2024: $539,841Net Income 2024: $90,7152024

Highlighted filing

2021

Revenue$644,910
Expenses$405,665
Net Income$239,245
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 29, 2022
Return Version
2021v4.2
Gross Receipts
$748,299
Mission and Program Overview

Mission

To preserve, promote, educate and make our lighthouses accessible to all

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$293,057$346,068▲ $53,011
Land, Buildings, and Equipment, Net$304,108$299,879▼ $4,229
Cash and Non-Interest-Bearing Accounts$65,699$289,491▲ $223,792
Inventories for Sale or Use$38,551$33,983▼ $4,568
Savings and Temporary Cash Investments$10,693--
Prepaid Expenses and Deferred Charges$993$4,375▲ $3,382
Total Assets$713,101$973,796▲ $260,695
Liabilities
Accounts Payable and Accrued Expenses$26,825$28,870▲ $2,045
Total Liabilities$26,825$28,870▲ $2,045
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$666,451$944,926▲ $278,475
Net Assets With Donor Restrictions$19,825--
Total Net Assets Fund Balance$686,276$944,926▲ $258,650
Total Liabilities and Net Assets / Fund Balance$713,101$973,796▲ $260,695

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$130,908$46,588-
Equipment$23,121$52,604-
Leasehold Improvements$145,850$30,404-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter MantingExecutive DirectorFT$55,000$55,000

Board Members and Trustees

NameTitle
Al CocconiPresident
Mark HallenbeckVice President
Sara a HookBoard Secretary
Bill McbethDirector
Bob BaltzerDirector
Lenore JanmanDirector
Ted RobinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$223,230
Program Service Revenue
$298,910
Investment Income
$91
Other Revenue
$122,679
All Other Contributions
$185,898
Change in Net Assets
$239,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,305
Salaries, Compensation, and Employee Benefits$200,360
Total Fundraising Expense$8,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,662$37,166-$185,828
Advertising$995$29,179-$30,174
Travel$5,652$19,587-$25,239
Occupancy$13,649$11,281-$24,930
All Other Expenses$15,565$6,248-$21,813
Depreciation Depletion$15,788$3,947-$19,735
Payroll Taxes$11,626$2,906-$14,532
Information Technology$6,885$5,496-$12,381
Other Expenses$9,885$1,948-$11,833
Office Expenses$92$10,339-$10,431
Fees for Services Other--$8,000$8,000
Insurance-$4,885-$4,885
Fees for Services Accounting-$877-$877
Total Functional Expenses$261,499$136,166$8,000$405,665
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization has members and a governing board of directors responsible for making operational decisions. Members in good standing have voting rights at the annual meeting.

Member election for additional members Part VI line 7A

Current members in good standing elect the board of directors at the annual meeting.

Form 990 governing body review Part VI line 11

All members of the board of directors receive a copy of Form 990 for review before filing. Upon approval, the form is submitted.

Conflict of interest policy compliance Part VI line 12C

The Sable Points Lighthouse Keepers Association has a Conflict of Interest policy in place and monitors organizational activities for compliance with the policy

CEO executive director top management comp Part VI line 15A

Board members receive no compensation for director duties. Appropriate compensation of the executive director is authorized by the board.

Form 990 availability to public Part VI line 18

The organizations Form 990 is available to the public on the Guidestar.org website as well as being available on its own website at www.splka.org.

Governing documents etc available to public Part VI line 19

The governing documents and Form 990 are available to the public by request. Form 990 is also available to the public on the website www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Sable Points Lighthouse Keepers Association
EIN
38-3248067
Address
PO BOX 673, Ludington, MI 49431

Signing Officer

Name
Peter Manting
Title
Executive Direc
Phone
2318457417
Signed
2022-04-29
Discuss with paid preparer
No

Organization Details

Formed
1991
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
100

Preparer

Firm
Lake Michigan CPA Services PLC
Address
317 S James Street, Ludington, MI 49431
Preparer
Sarah Kanitz
Phone
2318434085
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IRS990/PYTotalExpensesAmt0354556
IRS990/PYTotalRevenueAmt0236786
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0239245
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0850
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0214348
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0160530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0104374
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122904
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt094119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0696275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04545
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04516
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03698
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0291218
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013983
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0231361
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0243373
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0260096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01040031
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt017424
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt017424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04545
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04516
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017169
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99030
IRS990ScheduleA/PublicSupportPY509Pct00.98510
IRS990ScheduleA/PublicSupportTotal509Amt01753730
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0522990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0174513
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0335735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0366277
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0354215
IRS990ScheduleA/Total509Grp/TotalAmt01753730
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0523081
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0179058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0340054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0370793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0357913
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01770899
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt023121
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052604
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt075725
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0145850
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt030404
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0176254
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0130908
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046588
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0177496
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0299879
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members and a governing board of directors responsible for making operational decisions. Members in good standing have voting rights at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Current members in good standing elect the board of directors at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members of the board of directors receive a copy of Form 990 for review before filing. Upon approval, the form is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Sable Points Lighthouse Keepers Association has a Conflict of Interest policy in place and monitors organizational activities for compliance with the policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board members receive no compensation for director duties. Appropriate compensation of the executive director is authorized by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organizations Form 990 is available to the public on the Guidestar.org website as well as being available on its own website at www.splka.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The governing documents and Form 990 are available to the public by request. Form 990 is also available to the public on the website www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0713101
IRS990/TotalAssetsEOYAmt0973796
IRS990/TotalAssetsGrp/BOYAmt0713101
IRS990/TotalAssetsGrp/EOYAmt0973796
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0223230
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0136166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0261499
IRS990/TotalFunctionalExpensesGrp/TotalAmt0405665
IRS990/TotalGrossUBIAmt0850
IRS990/TotalLiabilitiesBOYAmt026825
IRS990/TotalLiabilitiesEOYAmt028870
IRS990/TotalLiabilitiesGrp/BOYAmt026825
IRS990/TotalLiabilitiesGrp/EOYAmt028870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0686276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0944926
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0261499
IRS990/TotalProgramServiceRevenueAmt0298910
IRS990/TotalReportableCompFromOrgAmt055000
IRS990/TotalRevenueGrp/ExclusionAmt091
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0420739
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0644910
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0850
IRS990/TotalVolunteersCnt0100

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.38$0.16$9.22$6.31$5.40$0.91
2023Detailed filing. Detailed filing data is available for this year.$8.64$0.33$8.31$5.19$5.69$0.50
2022Detailed filing. Detailed filing data is available for this year.$9.16$0.34$8.81$4.79$5.18$0.39
2021Detailed filing. Detailed filing data is available for this year.$9.74$0.29$9.45$6.45$4.06$2.39
2020Detailed filing. Detailed filing data is available for this year.$7.13$0.27$6.86$2.37$3.55$1.18
2019Detailed filing. Detailed filing data is available for this year.$8.17$0.23$7.93$4.83$4.17$0.66
2018Detailed filing. Detailed filing data is available for this year.$7.53$0.26$7.27$4.59$4.15$0.44
2017Detailed filing. Detailed filing data is available for this year.$7.07$0.24$6.83$4.61$4.01$0.60
2016Detailed filing. Detailed filing data is available for this year.$6.49$0.25$6.23$4.09$3.52$0.56
2015Detailed filing. Detailed filing data is available for this year.$5.88$0.21$5.67$3.86$3.16$0.70
2014Detailed filing. Detailed filing data is available for this year.$5.11$0.14$4.97$3.55$3.19$0.36
2013Detailed filing. Detailed filing data is available for this year.$5.06$0.11$4.95$3.05$2.45$0.60
2012Summary only. Only limited summary data is available for this year.$5.94$1.55$4.38$3.05$2.05$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$0.02$3.39$2.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.02$3.41$3.19